Tech Layoffs Surge in August 2026: Apple, TikTok, LinkedIn, and Netflix Among Companies Cutting Jobs

NewsData.io · United States · Aug 24, 2026

August 2026 is closing with significant tech sector job cuts, with Apple laying off approximately 200 employees across its Siri, Vision Pro, and gaming divisions, TikTok cutting 75 additional Seattle-area workers (following 250 earlier in the month), Netflix shuttering two games studios, and LinkedIn eliminating 50 R&D roles in Israel. Total tech job losses in 2026 have reached 127,180 across 281 companies, surpassing all of 2025's cuts combined, according to Layoffs.fyi. The wave signals continued contraction in tech hiring demand, with roles ranging from data scientists and software engineers to R&D staff being eliminated. Staffing agencies serving tech clients should anticipate increased candidate supply in these specializations alongside potentially softening client demand.